Search the lowest-cost Apartments available for rent right now in the Lakewood area of Grand Prairie.
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakewood Studio Apartments | $1,371 | $1,295 | $1,600 |
| Lakewood 1 Bedroom Apartments | $1,615 | $945 | $2,168 |
| Lakewood 2 Bedroom Apartments | $1,990 | $1,290 | $2,811 |
| Lakewood 3 Bedroom Apartments | $2,583 | $1,580 | $3,731 |
| Lakewood 4 Bedroom Apartments | $6,184 | $5,577 | $6,792 |
There are currently 27 rentals with your search options within a 3 mile radius of the Lakewood Neighborhood of Grand Prairie, TX.
See all Apartments in Grand PrairieThe cheapest available apartment rental in the Lakewood area of Dallas, TX is a 1 Bed unit found at Ronan Apartment Homes priced from $880. Prairie Ranch Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,127. Here are the most affordable Lakewood apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ronan Apartment Homes | A2 | 1BR,1BA | $880 |
| Prairie Ranch Apartment Homes | A5 | 1BR,1BA | $1,127 |
| Indigo Pointe | A1 | 1BR,1BA | $1,191 |
| Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1,215 |
| Mission Mayfield Downs | S1 | Studio,1BA | $1,220 |
| The Watson | 1x1 | 1BR,1BA | $1,225 |
| Parkways on Prairie Creek | A1 | 1BR,1BA | $1,243 |
| Highlands of Grand Prairie | A-1 | 1BR,1BA | $1,245 |
| The Quadrangles on Twenty | A2c | 1BR,1BA | $1,259 |
| The Park on Forum | B1 | 2BR,2BA | $1,290 |
As of March 01, 2026 the best value apartment in the Lakewood area is the $1.56 price per square foot C2TH Model at Arioso Apartments & Townhomes in the in the East Arlington neighborhood starting from $2,445. The second greatest value Lakewood apartment is the C1 Model at Villas at Bardin starting at $2,800 with a $1.82 price per square foot in the East Arlington neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arioso Apartments & Townhomes | C2TH | 3BR,2.5BA | $1.56 |
| Villas at Bardin | C1 | 3BR,2.5BA | $1.82 |
| The Watson | 3x2 | 3BR,2BA | $1.64 |
| The Park on Forum | C1 | 3BR,2BA | $1.37 |
| Creekside at Grand Prairie | The Sorrel | 1BR,1BA | $1.88 |
| Windscape Apartments | 1 bedroom, 1 bathroom | 1BR,1BA | $1.66 |
| Prairie Ranch Apartment Homes | A4 | 1BR,1BA | $1.57 |
| Highlands of Grand Prairie | A-1 | 1BR,1BA | $1.76 |
| Indigo Pointe | A1 | 1BR,1BA | $1.75 |
| Mission Mayfield Downs | S1 | Studio ,1BA | $1.80 |
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Read ArticleThe common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Our team of engineers and researchers is proud to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Texas including Lakewood, Grand Prairie, and the greater Dallas area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, multifamily communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakewood is under $1,290.
The cheapest apartment in Lakewood is Ronan Apartment Homes which is listed at $880, while the average apartment in Lakewood costs $9,835.
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 48 regular apartments in Lakewood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Cheap apartments in Lakewood have an average cost of $168 which is $9,667 cheaper than the average rent for all rentals in Lakewood.
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.
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According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.
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Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.
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My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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